Item 1. | Security and Issuer |
(a) | Title of Class of Securities:
American Depositary Shares (B Share ADSs), each representing twenty (20) Series B Shares (B Shares) |
(b) | Name of Issuer:
AMERICA MOVIL SAB DE CV/ |
(c) | Address of Issuer's Principal Executive Offices:
Lago Zurich 245, Plaza Carso / Edificio, Colonia Ampliacion Granada, Miguel Hidal, Mexico City,
MEXICO
, 11529. |
Item 1 Comment:
This Amendment No. 47 (the "Forty-Seventh Amendment") amends the Schedule 13D filed with the Securities and Exchange Commission (the "Commission") on March 8, 2001, as subsequently amended (the "Schedule 13D"), by the Reporting Persons (as defined below), with respect to the American Depositary Shares ("B Share ADSs"), each representing 20 Series B Shares ("B Shares"), of America Movil, S.A.B. de C.V. (the "Issuer" or "AMX"). Capitalized terms used but not otherwise defined in this Forty-Sixth Amendment have the meanings ascribed to such terms in the Schedule 13D, as amended. |
Item 3. | Source and Amount of Funds or Other Consideration |
| Following the filing of Amendment No. 46 to the Schedule 13D filed with the Commission on May 10, 2024, Control Empresarial purchased, directly and through its subsidiaries, 174,350,000 B Shares for an aggregate purchase price of US$132,080,227. The funds were obtained from the working capital of Control Empresarial. GFI purchased, through the Mutual Funds and the Pension Funds 19,708,718 B Shares for an aggregate purchase price of US$15,994,613. The funds were obtained from the working capital of GFI. This Forty-Seventh Amendment includes shares deemed beneficially owned by GFI through Afore Inbursa, the ownership of which GFI disclaims. |
Item 5. | Interest in Securities of the Issuer |
(a) | See Schedule 2 |
(b) | Because members of the Slim Family beneficially own a majority of the outstanding voting equity securities of AMX, GFI and Control Empresarial, members of the Slim Family may be deemed to share the power to vote or dispose of, or to direct the voting or disposition of any B Shares owned by such persons (including those beneficially owned by the Telmex Trust, the Telnor Trust, Fundacion Telmex, Fundacion Carlos Slim, Instituto Carlos Slim de la Salud and funds managed by GFI but that GFI holds no economic interest in). Because a board, or in the case of the trusts, a technical committee, the majority of whose members are members or designees of members of the Slim Family or employees of one of the Reporting Persons that may be deemed to be controlled by the Slim Family, makes investment decisions for each of Fundacion Telmex, Fundacion Carlos Slim, Instituto Carlos Slim de la Salud, the Telmex Trust, the Telnor Trust and the Control Trust, members of the Slim Family may be deemed to share the power to vote or dispose of, or to direct the voting or disposition of, any B Shares owned by Fundacion Telmex, Fundacion Carlos Slim, Instituto Carlos Slim de la Salud, the Telmex Trust, the Telnor Trust and the Control Trust. Except as otherwise disclosed herein, none of the Reporting Persons shares voting or disposition power with respect to any B Shares owned by the Reporting Persons. |
(c) | All transactions in B Shares effected by the Reporting Persons during the period beginning 60 days prior to the event which requires the filing of this statement are listed in Schedule 3 hereto and incorporated herein by reference. |
(d) | Because members of the Slim Family beneficially own a majority of the outstanding voting equity securities of GFI and Control Empresarial, such members of the Slim Family may be deemed to have the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of any B Shares owned by such persons. Because a board, or in the case of the trusts, a technical committee, the majority of whose members are members or designees of members of the Slim Family or employees of one of the Reporting Persons that may be deemed to be controlled by the Slim Family, makes investment decisions for each of Fundacion Telmex, Fundacion Carlos Slim, Instituto Carlos Slim de la Salud, the Telmex Trust, the Telnor Trust and the Control Trust, members of the Slim Family may be deemed to have the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of any B Shares owned by Fundacion Telmex, Fundacion Carlos Slim, Instituto Carlos Slim de la Salud, the Telmex Trust, the Telnor Trust and the Control Trust. Except as otherwise disclosed herein, no person other than the Reporting Persons has or will have any right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of any B Shares owned by the Reporting Persons. |
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| On November 17, 2021, Caixabank, S.A. entered into a secured credit agreement with Soinmob Sociedad Inmobiliaria Espanola SAU, a subsidiary of Control Empresarial, for 170,000,000 Euro. Under the terms of this agreement, Control Empresarial has agreed to pledge and grant a security interest in certain collateral. As of December 17, 2024, there were 331,483,000 B Shares pledged as collateral.
Other than as set forth above, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons and between such persons and any person with respect to B Shares. |
Item 7. | Material to be Filed as Exhibits. |
| 1. The Powers of Attorney for the members of the Slim Family, GFI, Control Empresarial (f/k/a Inversora Carso, S.A. de C.V.), the Telmex Trust, the Telnor Trust, Fundacion Telmex, Fundacion Carlos Slim, Instituto Carlos Slim de la Salud and the Control Trust each filed as an exhibit to Amendment No. 43 are all hereby incorporated herein by reference.
2. Schedule 2 - Item 5(a) - Reporting Persons Interests
3. Schedule 3 - Item 5(c) - Transactions in Common Shares effected by the Reporting Persons. |